Saturday, December 15, 2007

Understanding Point Spreads For Betting

 

Point Spread is a potent tool, depending on how you are able to use it. Most of the amateur players think that they can only bet on the outcome of the game but sports betting is different. It gives you a lot of options. It really allows you to test your expertise as well as reward you heavily for your expertise. Betting On Point spread is one of the ways I highly recommend for betting.

When it comes to betting on football and basketball, a bettor must have a solid understanding of the point spread if they hope to have a profitable season.

The point spread is a handicap placed on one team, for betting purposes only, and it is designed to give both teams in any game an equal chance at winning in the eyes of sports bettors.

Using an example from Week 2 of the 2007 NFL season, the Atlanta Falcons were visiting the Jacksonville Jaguars.

There was little doubt Jacksonville was the better of the two teams and if all one had to do was to pick the winning team, nearly every bettor would have taken the Jaguars.

In this case, Jacksonville was installed as a 10 point favorite, which is commonly written as Jacksonville -10. Atlanta, the underdog, is commonly written as Atlanta +10.

If you bet the favorite, Jacksonville, the Jaguars have to win by 11 points or more in order for you to win your bet. Remember, the Jaguars are favored by 10 points, so we subtract 10 points from their final score for betting purposes. If Jacksonville were to win 24-13, Jaguar bettors would win their wager. If the Jaguars were to win 23-14, Jacksonville bettors would lose because they did not win by more than 10 points.

If the Jaguars were to win the game by exactly 10 points, 24-14, it would be a tie or a push and all wagers are refunded to bettors.

Jacksonville did defeat Atlanta as expected, but the Jaguars failed to cover the point spread when they won by a score of 13-7.

I was not using SportsBettingChamp back then, but I still managed to recover my money. Without a proper system sports betting is tough, real tough!